Vancouver-born Slack Raises $43 Million

Posted by Knowlton Thomas

UPDATE: TechCrunch has confirmed that Slack has raised a $42.75 million round led by The Social + Capital Partnership, with participation from existing Tiny Speck investors Accel Partners and Andreessen Horowitz. According to TC, Slack now has 60,000 daily users.

It appears we're damn good at what we do.

Less than two weeks after listing Slack on our April edition of the Techvibes 20—a bi-monthly list highlighting the moment's hottest and most promising tech startups across Canada—the Vancouver-born startup has allegedly raised a whopping $30 million in fresh funding, according to a report from TechCrunch. How's that for the TV20 doing its job?

For those who don't know, Slack was launched by Stewart Butterfield, a Canadian entrepreneur who founded Flickr, which was acquired by Yahoo for a tidy sum. Slack was built by Tiny Speck, which previously created a game called Glitch and so far has raised $17 million from the likes of Andreessen Horowitz and Accel Partners.

In a nutshell, Slack is a collaboration platform targeted at enterprises. It lets users port in conversations and links to other work from other apps, such as Dropbox and GitHub.

Company:
Tiny Speck
Website:
http://www.tinyspeck.com
Location:
Vancouver, British Columbia, Canada

Tiny Speck is a small company building something enormous. We show up in the afterburst of highly charged particle collisions; we are the only-imagined baryon consisting of two charmed quarks and one strange. We will blow your minds. more

Company:
Slack
Website:
http://www.slack.com
Location:
Vancouver, British Columbia, Canada

Relax. Your team’s communication problems? We’ve got that. Slack brings all your communication together in one place. It’s real-time messaging, archiving and search for modern teams. more


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Knowlton Thomas

Knowlton Thomas

Knowlton is the managing editor of Techvibes. Based in Vancouver, Knowlton has been published in national publications and has also appeared on television and radio. Previously he was an editor for New Westminster weekly The Other Press and served on its board of directors. When not working, Knowlton enjoys playing tennis, hiking, and exploring weird side streets. more




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